Bharat Dynamics shares fell 6.68 per cent to hit a low of Rs 1,190.55 on BSE. Despite this, the stock is up 20 per cent year-to-date.Shares of Bharat Dynamics Ltd cracked 6 per cent in Friday's trade in a knee-jerk reaction to its June quarter results after the defence company said its standalone sales more than halved on a year-on-year basis. Profit rose but largely due to jump in other income. The stock, however, recovered most ground as the dust settled.
Bharat Dynamics reported a 5 per cent year-on-year rise in standalone net profit at Rs 41.82 crore for the June quarte compared with Rs 39.86 crore in the corresponding quarter last year. Other income came in at Rs 107.45 crore against Rs 36.76 crore in the same quarter last year.
Sajjan Jindal-led JSW Greentech enters electric bus market, rolls out first 100 buses at Dolvi plant
Why Air India is betting bigger on Canada new Mumbai-Toronto flights and new Dreamliner
Hyundai Motor India posts highest-ever monthly sales of 75,360 units in July, exports hit 100-month high
BT Explainer: Air India back with its long-haul monopoly as IndiGo ends widebody operations
GST collections jump 15.4% to ₹2.11 lakh crore in July, import tax revenues surge nearly 29%
IRFC CMD Manoj Kumar Dubey Reveals Top Funding Priorities Beyond Railways & IRFC 2.0 Vision
"Mineral Security Is National Security": G Kishan Reddy On India’s Push For Aatmanirbharta
From Phones To Semiconductors: Why India Needs More Critical Minerals
Can India Power Millions Of Homes Without Generating More Electricity?
Women’s Financial Independence: Why Earning Money Is Not Enough| Priti Rathi Gupta Explains
HUL shares: Why analyst prefers Marico, Nestle to the FMCG sector leader in short term
Tata Steel, Vedanta among top metal bets for a six-month view, says analyst
Bajaj Housing Finance shares down 53% from its peak; is it time to buy?
GMDC, IDFC First Bank: Expert shares outlook, key levels to watch
Maruti Suzuki Q1 results: Profit slips 9% YoY to Rs 3,447 crore; revenue climbs 36%IRFC CMD Manoj Kumar Dubey Reveals Top Funding Priorities Beyond Railways & IRFC 2.0 Vision"Mineral Security Is National Security": G Kishan Reddy On India’s Push For AatmanirbhartaFrom Phones To Semiconductors: Why India Needs More Critical MineralsSajjan Jindal-led JSW Greentech enters electric bus market, rolls out first 100 buses at Dolvi plant
Your car loan is over but your checklist isn't: CA explains costly mistakes made after the last EMI
